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<h1>Gov't Denies Ordering Public Banks to Cut Real Estate Ties Amid Housing-Finance Bribery Scandal; CBI Issues Notices.</h1> The government has not instructed public sector banks to reduce their involvement in real estate following a housing-finance bribery scandal. Financial Services Secretary R. Gopalan clarified this in response to inquiries about potential directives to state-run banks. The scandal, investigated by the CBI, led to the arrest of the CEO of LIC Housing Finance and other senior bankers. Additionally, the CBI has issued notices to 21 companies to submit relevant documents and clarify any benefits or favors related to the accused individuals.